Jeepers, there's some very mercenary comments being made. Invocare have a lot of pre-paid money invested and they will be taking a big hit on that money. Last I knew it was invested fairly conservatively but even if its invested mostly in cash its gone backwards a little or at best is earning effectively nothing. If its invested aggressively then obviously its been smashed. I don't hold any shares so I'm not bothering to look it up but some of you might take an interest in how much money is invested in pre-paid and therefor how much thy are exposed to. Remember they have to fulfil those contracts at some point in time. Also i have read that consumer protection are on their case; that is unlikely to have a positive outcome for them.
Add to My Watchlist
What is My Watchlist?